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Can you afford to wait?

Thinking of buying a new home? If you're considering purchasing your first home, a larger home, downsizing or moving to a condominium - What is sitting on the fence costing you?

When rates increase by .50% your buying power is reduced by $15,000.00. For example: your $350,000.00 approved purchase price would now be $335,000.00. Can you afford to wait . . . . . you may miss out on your dream home.

5-year closed mortgage rates for brokers:

July 13, 2012

3.19%

August 24, 2012

3.29%

September 21, 2012

3.19%

January 25, 2013

3.09%

May 31, 2013

2.99%

June 26, 2013

3.49%

(presently still at 3.49%)

During this period, the Bank of Canada prime rate has been constant at 3.0%

If you are considering a move, please contact myself, Adrienne Heron, 306-551-2031.

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